Jump to content
House Price Crash Forum
Sign in to follow this  
paulos

Durham City

Recommended Posts

I've written before about how I saw a maisonette in Durham city reduced from £179k to £159k in a single step, but there seems to be more evidence of the same.

I did a window shop of a few estate agents yesterday, and found that typically 1/3 to 1/2 of all the adverts in the windows had had their prices altered. It was only possible on a few to see what the original price was, but they all looked like they'd been reduced.

When I got home, I did a bit of house hunting on the net and found a few 3 and 2 bed semis for under £200k. These were pretty central, and that's a shockingly low price for Durham (to me, anyway!). It also explains why the Barratt estate where I rent isn't shifting its shoebox homes when the asking price is £300k.

I even found some properties in the heart of student rental land for similar prices (£200k)- houses on streets where I've seen other property (admittedly in better condition) going for £300k - £400k.

Durham's a weird property market at the best of times, but prices are definitely starting to drop here.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.